Snow-Ski Equipment Price in Hong Kong SAR - 2023
Contents:
- Snow-Ski Equipment Price in Hong Kong SAR (FOB) - 2022
- Snow-Ski Equipment Price in Hong Kong SAR (CIF) - 2023
- Snow-Ski Equipment Exports in Hong Kong SAR
- Snow-Ski Equipment Imports in Hong Kong SAR
Snow-Ski Equipment Price in Hong Kong SAR (FOB) - 2022
The average snow-ski equipment export price stood at $12 per unit in 2022, increasing by 24% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The export price peaked at $13 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($17 per unit), while the average price for exports to Canada ($6.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.
Snow-Ski Equipment Price in Hong Kong SAR (CIF) - 2023
In June 2023, the average snow-ski equipment import price amounted to $4.2 per unit, dropping by -56.1% against the previous month. In general, the import price showed a sharp curtailment. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 328% month-to-month. Over the period under review, average import prices reached the peak figure at $66.3 per unit in June 2022; however, from July 2022 to June 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From June 2022 to June 2023, the rate of growth in terms of prices for China amounted to -1.7% per month.
Snow-Ski Equipment Exports in Hong Kong SAR
In 2022, snow-ski equipment exports from Hong Kong SAR shrank sharply to 151K units, waning by -80.8% against 2021 figures. In general, exports showed a sharp curtailment. The growth pace was the most rapid in 2021 when exports increased by 76% against the previous year. As a result, the exports attained the peak of 786K units, and then declined rapidly in the following year.
In value terms, snow-ski equipment exports shrank markedly to $1.7M in 2022. Overall, exports showed a precipitous setback. The most prominent rate of growth was recorded in 2021 when exports increased by 69%. As a result, the exports reached the peak of $7.3M, and then reduced rapidly in the following year.
Export of Snow-Ski Equipment in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 960 | 875 | 2,301 | 808 | -5.6% |
United States | 1,687 | 1,468 | 2,158 | 488 | -33.9% |
Austria | 389 | 181 | 734 | 244 | -14.4% |
Japan | 933 | 773 | 854 | 39.5 | -65.1% |
France | 597 | 301 | 77.4 | 24.6 | -65.5% |
Canada | 419 | 496 | 814 | 2.0 | -83.2% |
Others | 889 | 231 | 353 | 134 | -46.8% |
Total | 5,873 | 4,325 | 7,292 | 1,741 | -33.3% |
Top Export Markets for Snow-Ski Equipment from Hong Kong SAR in 2022:
- China (77.3K units)
- United States (48.0K units)
- Austria (14.3K units)
- Japan (4.4K units)
- France (2.6K units)
- Canada (0.3K units)
Snow-Ski Equipment Imports in Hong Kong SAR
Snow-ski equipment imports into Hong Kong SAR dropped rapidly to 137K units in 2022, falling by -79.2% on the previous year. Over the period under review, imports recorded a precipitous decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 46%. As a result, imports attained the peak of 656K units, and then declined significantly in the following year.
In value terms, snow-ski equipment imports plummeted to $1.8M in 2022. Overall, imports continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2021 when imports increased by 66%. As a result, imports reached the peak of $7M, and then declined significantly in the following year.
Import of Snow-Ski Equipment in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 4,193 | 3,150 | 5,078 | 617 | -47.2% |
Germany | 47.6 | 40.4 | 53.4 | 199 | 61.1% |
Taiwan (Chinese) | 476 | 411 | 519 | 180 | -27.7% |
United States | 91.9 | 19.9 | 256 | 176 | 24.2% |
United Arab Emirates | N/A | N/A | N/A | 45.9 | 0% |
Austria | 130 | 270 | 599 | 6.8 | -62.6% |
Others | 223 | 323 | 480 | 614 | 40.2% |
Total | 5,161 | 4,214 | 6,986 | 1,839 | -29.1% |
Top Suppliers of Snow-Ski Equipment to Hong Kong SAR in 2022:
- China (94.2K units)
- Taiwan (Chinese) (22.8K units)
- United States (7.2K units)
- United Arab Emirates (3.2K units)
- Germany (2.5K units)
- Austria (0.1K units)
This report provides an in-depth analysis of the market for skis and its equipment and skates in Hong Kong SAR, China.
This report provides an in-depth analysis of the golf equipment market in Hong Kong SAR, China.
This report provides an in-depth analysis of the water-skis and surfboards market in Hong Kong SAR, China.
This report provides an in-depth analysis of the market for tennis and badminton rackets in Hong Kong SAR, China.
This report provides an in-depth analysis of the skis market in Hong Kong SAR, China.
This report provides an in-depth analysis of the skates market in Hong Kong SAR, China.
This report provides an in-depth analysis of the ball market in Hong Kong SAR, China.
This report provides an in-depth analysis of the table-tennis equipment market in Hong Kong SAR, China.
This report provides an in-depth analysis of the market for gym and fitness equipment in Hong Kong SAR, China.
Global Ski Accessoires Market Report 2018. This report provides an in-depth analysis of the global ski accessoires market.
From February 2023 to November 2023, the growth of the exports for Tennis And Badminton Rackets remained at a somewhat lower figure. In value terms, Tennis And Badminton Rackets exports fell to $2.1M in November 2023.
In May 2023, the price of Tennis And Badminton Rackets was $11.4 per unit (FOB, Hong Kong), indicating a decrease of -7.1% compared to the previous month.
From July 2023 to November 2023, the growth of Gym and Fitness Equipment exports failed to regain momentum. In value terms, Gym and Fitness Equipment exports skyrocketed to $2.1M in November 2023.
Golf is a popular sport that attracts enthusiasts from around the globe. The demand for golf equipment has skyrocketed, leading to an increase in the import market. The United States, Japan, Hong Kong SAR, South Korea, Mexico, the United Kingdom, China, Canada, the Netherlands, and Germany are the world's top import markets for golf equipment. The IndexBox market intelligence platform offers valuable data and insights into these markets.
In 2016, the global imports of golf equipment amounted to X tons, picking up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the ...
In 2016, the global imports of golf equipment amounted to X tons, picking up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the ...
Explore the top import markets for gym and fitness equipment with key statistics and data. Learn about the leading countries in terms of import value and the opportunities they offer for manufacturers.
From February 2023 to November 2023, the growth of the exports for Tennis And Badminton Rackets remained at a somewhat lower figure. In value terms, Tennis And Badminton Rackets exports fell to $2.1M in November 2023.
In May 2023, the price of Tennis And Badminton Rackets was $11.4 per unit (FOB, Hong Kong), indicating a decrease of -7.1% compared to the previous month.
From July 2023 to November 2023, the growth of Gym and Fitness Equipment exports failed to regain momentum. In value terms, Gym and Fitness Equipment exports skyrocketed to $2.1M in November 2023.